Colin Rea

Milwaukee Brewers, Starting Pitcher
Age: 34-86d (Jul 01, 1990)
Exp: 4.057 Years
Country: US
College: Indiana State
Drafted: Round 12 (#383 overall), 2011
Agent(s): Joe Speed
2024 Payroll Salary

$3,500,000

2024 Cash

$3,500,000

Career Earnings

$5,634,255

2024-2025 Extension (CURRENT)

Colin Rea signed a 1 year , $4,500,000 contract with the Milwaukee Brewers, including $4,500,000 guaranteed, and an average annual salary of $4,500,000. In 2024, Rea will earn a base salary of $3,500,000, while carrying a total salary of $3,500,000.
Contract Terms:
1 yr(s) / $4,500,000
Average Salary:
$4,500,000
Signing Bonus:
N/A
Free Agent:
2026 / UFA
Year Age Status PayrollAnnual Luxury Tax Tax % League Tax Cash Annual Cash Cumulative
2024 34 $3,500,000 $4,500,000 1.90% $3,500,000 $3,500,000
2025 35
Club
$5,500,000 $4,500,000 - $5,500,000 $9,000,000
2026 36
UFA
Year Age Service Status Base Salary Incentives Likely Incentives Unlikely Payroll Salary Luxury Tax
2024 34 4.057 $3,500,000 - - $3,500,000 $4,500,000
2025 35 -
Club
$5,500,000 - - $5,500,000 $4,500,000
2026 36 --
UFA
Year Age Status Base Salary Cash Total Cash Cumulative AYC Cumulative AYC Remaining
2024 34 $3,500,000 $3,500,000 $3,500,000 $3,500,000 $4,500,000
2025 35
Club
$5,500,000 $5,500,000 $9,000,000 $4,500,000 $5,500,000
Contract Notes
  • 2025 Club option includes $1M buyout
  • Annual Incentives (innings)
    $75,000 each for 80, 100
    $100,000 for 120
    $250,000 for 140
Source: MLB contract specifics generally collected from verified reports.

2023-2023 free-agent-restricted

Colin Rea signed a 1 year , $750,000 contract with the Milwaukee Brewers, including $750,000 guaranteed, and an average annual salary of $750,000.
Contract Terms:
1 yr(s) / $750,000
Average Salary:
$750,000
Signing Bonus:
N/A
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2021-2021 free-agent-restricted

Colin Rea signed a 1 year , $570,500 contract with the Milwaukee Brewers, including $570,500 guaranteed, and an average annual salary of $570,500.
Contract Terms:
1 yr(s) / $570,500
Average Salary:
$570,500
Signing Bonus:
N/A
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2021-2021 Arbitration

Colin Rea signed a 1 year , $702,500 contract with the Chicago Cubs, including $702,500 guaranteed, and an average annual salary of $702,500.
Contract Terms:
1 yr(s) / $702,500
Average Salary:
$702,500
Signing Bonus:
N/A
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2020-2020 Pre-Arb

Colin Rea signed a 1 year , $563,500 contract with the Chicago Cubs, including $563,500 guaranteed, and an average annual salary of $563,500.
Contract Terms:
1 yr(s) / $563,500
Average Salary:
$563,500
Signing Bonus:
N/A
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2018-2018 Pre-Arb

Colin Rea signed a 1 year , $555,600 contract with the San Diego Padres, including $555,600 guaranteed, and an average annual salary of $555,600.
Contract Terms:
1 yr(s) / $555,600
Average Salary:
$555,600
Signing Bonus:
N/A
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2017-2017 Pre-Arb

Colin Rea signed a 1 year , $545,800 contract with the San Diego Padres, including $545,800 guaranteed, and an average annual salary of $545,800.
Contract Terms:
1 yr(s) / $545,800
Average Salary:
$545,800
Signing Bonus:
N/A
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2016-2016 Pre-Arb

Colin Rea signed a 1 year , $510,200 contract with the San Diego Padres, including $510,200 guaranteed, and an average annual salary of $510,200.
Contract Terms:
1 yr(s) / $510,200
Average Salary:
$510,200
Signing Bonus:
N/A
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2015-2015 Pre-Arb

Colin Rea signed a 1 year , $507,500 contract with the San Diego Padres, including $507,500 guaranteed, and an average annual salary of $507,500.
Contract Terms:
1 yr(s) / $507,500
Average Salary:
$507,500
Signing Bonus:
N/A
To see the rest of the Colin Rea's contract breakdowns, & gain access to all of Spotrac's Premium tools, sign up today. Already Subscribed? Login Here
Career Earnings thru 2024

$5,634,255

Career Earnings w/ Different Teams

4 teams

Earnings Per Year

Year Age Team(s) Status Cash Total Cash Cumulative Awards
2015 24
Active
$149,754
$149,754
2016 26
Injured
Retained
Retained
$175,644
$298,316
$8,364
$325,398
$623,714
$632,078
2017 27
Injured
$545,800
$1,177,878
2018 28
Reserve / minor-buried
$250,908
$1,428,786
2020 30
Reserve / minor-buried
$133,945
$1,562,731
2021 31
Active
$15,108
$1,577,839
2023 32
Active
$556,416
$2,134,255
2024 34
Active
$3,500,000
$5,634,255
Total      
$5,634,255
$5,634,255
2025 35
Active / Club
$5,500,000
Total
$11,134,255
Year Team(s) Age Base Signing Incentives Cash Total Cash Cumulative
2015
24
$149,754
$149,754
$149,754
2016
26
$175,644
$298,316
$8,364
$175,644
$298,316
$8,364
$325,398
$623,714
$632,078
2017
27
$545,800
$545,800
$1,177,878
2018
28
$250,908
$250,908
$1,428,786
2020
30
$133,945
$133,945
$1,562,731
2021
31
$15,108
$15,108
$1,577,839
2023
32
$556,416
$556,416
$2,134,255
2024
34
$3,500,000
$3,500,000
$5,634,255
Total
$5,634,255
$5,634,255
$5,634,255
2025
35
$5,500,000
$5,500,000
Total
$11,134,255
$11,134,255

Earnings Per Team

Years Team Base Signing Incentives Cash Cumulative
4 $1,420,422 - - $1,420,422
1 $8,364 - - $8,364
1 $133,945 - - $133,945
3 $4,071,524 - - $4,071,524

Injuries

Year Dates Reason
2016 MIA Jul 31, 2016 - Oct 02, 2016 Elbow
2017 SD Apr 02, 2017 - Oct 01, 2017 Elbow
2018 SD Mar 29, 2018 - Jun 21, 2018 Elbow (Tommy John)
  • Nov 03, 2023 Signed a 1 year $4.5 million contract extension with Milwaukee (MIL), including a club option for 2025
  • Sep 26, 2023 Recalled from the Minors by Milwaukee (MIL)
  • Sep 20, 2023 Optioned to the Minors by Milwaukee (MIL)
  • Sep 18, 2023 Recalled from the Minors by Milwaukee (MIL)
  • Sep 14, 2023 Optioned to the Minors by Milwaukee (MIL)
  • Sep 02, 2023 Recalled from the Minors by Milwaukee (MIL)
  • Aug 05, 2023 Optioned to the Minors by Milwaukee (MIL)
  • May 20, 2023 Recalled from the Minors by Milwaukee (MIL)
  • May 15, 2023 Optioned to the Minors by Milwaukee (MIL)
  • Apr 13, 2023 Contract purchased by Milwaukee (MIL)
  • Jan 28, 2023 Signed a minor league contract with Milwaukee (MIL)
  • Nov 03, 2021 Released by Milwaukee (MIL)
  • Aug 15, 2021 Signed a minor league contract with Milwaukee (MIL)
  • Jan 05, 2021 Released by Chicago (CHC)
  • Dec 02, 2020 Signed a 1 year $702,500 contract with Chicago (CHC), avoiding arbitration
  • Jan 10, 2019 Signed a minor league contract with Chicago (CHC)
  • Nov 26, 2018 Released by San Diego (SD)
  • Feb 24, 2017 Signed a 1 year $545,800 contract with San Diego (SD)
  • Aug 01, 2016 Traded to San Diego (SD) from Miami (MIA) for Luis Castillo
  • Jul 29, 2016 Traded to Miami (MIA) from San Diego (SD) with Andrew Cashner , Tayron Guerrero and $2.275M for Cashner's salary for Jarred Cosart, Carter Capps, Luis Castillo and Josh Naylor
  • Mar 04, 2016 Signed a 1 year $510,200 contract with San Diego (SD)
  • Jun 07, 2011 Drafted by San Diego (SD): Round 12 (#383 overall)
Year Team GP GS H R ER BB K HR W L SV IP ERA WHIP WAR
2024 MIL 28 25 149 75 72 39 123 27 12 5 0 154.0 4.21 1.22 1.08
2023 MIL 26 22 110 65 63 38 110 23 6 6 0 124.7 4.55 1.19 0.60
2021 MIL 1 0 7 5 5 0 5 2 0 0 0 6.0 7.50 1.17 -0.02
2020 CHC 9 2 15 9 9 2 10 3 1 1 0 14.0 5.79 1.21 -0.16
2016 SD 21 19 102 63 56 44 80 12 5 5 0 102.7 4.91 1.42 0.22
2015 SD 7 6 29 16 15 11 26 2 2 2 0 31.7 4.26 1.26 0.01

Calculated Market Value

Market Value

  • 2 years, $22,873,974
  • Avg. Salary: $11,436,987
  • MLB Rank: 154
  • SP Rank: 57

Current Contract

  • Free Agent: 2026
  • Avg. Salary: $4,500,000
  • MLB Rank: 296
  • SP Rank: 91

Comparable Players

We've selected the following players based on their age, contract status, and statistical production to compare Colin Rea to.

Player Length Value Avg. Salary Age When Signed
James Paxton 1 $7,000,000 $7,000,000 35
Kenta Maeda 2 $24,000,000 $12,000,000 35
Chris Sale 2 $38,000,000 $19,000,000 34
Seth Lugo 3 $45,000,000 $15,000,000 34
Averages 2 $28,500,000 $13,250,000 34.5

Base Calculated Value

After adjusting the above contracts as if signed at Rea's current age (34), a linear regression is performed, providing us with the following initial value.

Length Value Avg. Salary
3 $40,038,462 $13,346,154

Statistical Comparisons

Now we'll compare our variables and Rea statistically over the two seasons prior to their signing. In this case we're analyzing: GS/Yr, IP, K/9, BB/9, ERA, WHIP, FIP, WAR

Player GS/Yr IP K/9 BB/9 ERA WHIP FIP WAR
James Paxton
2022-2023
9.50 5.05 4.74 1.54 2.25 0.66 2.34 1.91
Kenta Maeda
2022-2023
10.00 4.97 5.04 1.21 2.12 0.58 2.01 1.84
Chris Sale
2022-2023
11.00 4.92 9.45 2.06 3.74 1.09 3.10 2.57
Seth Lugo
2022-2023
13.00 2.40 9.08 2.35 3.59 1.19 3.80 3.50
Average 10.88 4.34 7.08 1.79 2.93 0.88 2.81 2.46
Colin Rea
2023-2024
21.50 5.20 7.56 2.57 4.04 1.17 4.67 2.26
Pct Change 97.61 19.82 6.78 -43.58 -37.88 -32.95 -66.19 -8.13
Median Prime % Change -20.54%
Average Prime % Change -8.07%

Calculated Market Value: Colin Rea

After applying our Prime % figures into our base calculated value, we're given two values. The average of these values becomes our current calculated market value.

Terms Avg. Salary
2 years, $22,873,974 $11,436,987
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